1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rise In Demand For Bakery Products
4.2.2 Increasing Demand For Beverages
4.2.3 Higher Focus On Research And Development
4.2.4 Increase In Usage Across Various Industries
4.3 Restraints
4.3.1 Concentration Of Feedstock
4.3.2 Unused By Products
4.3.3 Regulations
4.4 Opportunities
4.4.1 Higher Demand For Healthier Ingredients
4.4.2 Improvement In Economic Conditions
4.4.3 Increase In Scope For Specialty Foods
4.5 Challenges
4.5.1 Increasing Use Of Sugar Substitutes
4.5.2 Environmental Hazards Due To Industrial Effluents
4.5.3 High Amount Of Waste Generation
5 Market Trends
5.1 Trends In Supply/Production
5.2 Trends In Demand/Consumption
5.3 Emerging Markets (Supply & Demand)
5.4 Trade (Import-Export) Analysis
5.4.1 Export Analysis
5.4.2 Import Analysis
5.5 Innovations In Product/Process
5.6 Macroeconomic Indicator Analysis For Top 4 Glucose Syrup Market
5.6.1 Pestle Analysis-U.S
5.6.2 Pestle Analysis-India
5.6.3 Pestle Analysis-China
5.6.4 Pestle Analysis-Thailand
6 Market Factor Analysis
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces
6.3.1 Threat Of New Entrants
6.3.2 Threat Of Substitutes
6.3.3 Barganing Power Of Buyers
6.3.4 Bargaining Power Of Suppliers
6.3.5 Intensity Of Rivalry
6.4 Supply Chain Analysis
7 Global Glucose Syrup Market Overview
7.1 Global Glucose Syrup Market Overview
8 Global Glucose Syrup Market, By Source
9 Global Glucose Syrup Market, By Grade
10 Global Glucose Syrup Market, By Form
11 Global Glucose Syrup Market, By Application
11.1 North America Glucose Syrup Market
11.2 Europe Glucose Syrup Market
11.3 Asia Pacific Glucose Syrup Market
11.4 Rest Of The World Glucose Syrup Market
12 Competitive Landscape
12.1 Introduction
13 Company Profiles
13.1 Cargill Inc. (U.S.)
13.1.1 Overview
13.1.2 Company Snapshot
13.1.3 Product Portfolio
13.1.4 Recent Developments Of Cargill Inc
13.1.5 Swot Of Cargill Inc
13.2 Archer Daniels Midland Company (U.S.)
13.2.1 Overview
13.2.2 Company Snapshot
13.2.3 Product Portfolio
13.2.4 Swot Of Archer Daniels Midland Company
13.3 Tate & Lyle Plc (U.K.)
13.3.1 Overview
13.3.2 Company Snapshot
13.3.3 Product Portfolio
13.3.4 Swot Of Tate And Lyle Plc
13.4 Agrana Beteiligungs-Ag (Austria)
13.4.1 Overview
13.4.2 Company Snapshot
13.4.3 Product Portfolio
13.4.4 Recent Developments
13.4.5 Swot Of Tate And Lyle Plc
13.5 Ingredion, Inc. (U.S.)
13.5.1 Overview
13.5.2 Company Snapshot
13.5.3 Product Portfolio
13.6 Roquette Freres (France)
13.6.1 Overview
13.6.2 Company Snapshot
13.6.3 Product Portfolio
13.6.4 Recent Developments
13.7 Grain Processing Corporation (U.S.)
13.7.1 Overview
13.7.2 Company Snapshot
13.7.3 Product Portfolio
13.7.4 Recent Developments
14 List of Tables
TABLE 1 INNOVATIONS IN PRODUCT/PROCESS IN GLUCOSE SYRUP 30
TABLE 2 PESTLE ANALYSIS-U.S. 31
TABLE 3 PESTLE ANALYSIS-INDIA 32
TABLE 4 PESTLE ANALYSIS-CHINA 33
TABLE 5 PESTLE ANALYSIS-THAILAND 34
TABLE 6 GLOBAL GLUCOSE SYRUP MARKET, BY REGION (2024-2030), KILO TONS 41
TABLE 7 GLOBAL GLUCOSE SYRUP MARKET, BY SOURCE (2024-2030), KILO TONS 42
TABLE 8 GLOBAL GLUCOSE SYRUP MARKET, BY GRADE, (2024-2030), KILO TONS 42
TABLE 9 GLOBAL GLUCOSE SYRUP MARKET, BY FORM, (2024-2030), KILO TONS 43
TABLE 10 GLOBAL GLUCOSE SYRUP MARKET, BY APPLICATION, (2024-2030), KILO TONS 43
TABLE 11 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 44
TABLE 12 GLOBAL CORN SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 45
TABLE 13 GLOBAL WHEAT SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 45
TABLE 14 GLOBAL POTATO SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 46
TABLE 15 GLOBAL RICE SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 46
TABLE 16 GLOBAL CASSAVA SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 46
TABLE 17 GLOBAL OTHER SOURCE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 47
TABLE 18 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE KILO TONS 48
TABLE 19 GLOBAL FOOD GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 49
TABLE 20 GLOBAL PHARMA GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 49
TABLE 21 GLOBAL INDUSTRIAL GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 50
TABLE 22 GLOBAL OTHER GRADE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 50
TABLE 23 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 51
TABLE 24 GLOBAL LIQUID FORM GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 52
TABLE 25 GLOBAL GRANULAR FORM GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 52
TABLE 26 GLOBAL OTHER FORM GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 53
TABLE 27 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 54
TABLE 28 GLOBAL FOOD GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 55
TABLE 29 GLOBAL BEVERAGE GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 55
TABLE 30 GLOBAL CONFECTIONERY GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 56
TABLE 31 GLOBAL PHARMACEUTICALS GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 56
TABLE 32 GLOBAL OTHER APPLICATIONS GLUCOSE SYRUP MARKET, (2024-2030), BY REGION, KILO TONS 57
TABLE 33 NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY COUNTRY, KILO TONS 57
TABLE 34 NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 58
TABLE 35 NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 58
TABLE 36 NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 59
TABLE 37 NORTH AMERICA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 59
TABLE 38 U.S. GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 60
TABLE 39 U.S. GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 60
TABLE 40 U.S. GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 61
TABLE 41 U.S. GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 61
TABLE 42 CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 62
TABLE 43 CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 62
TABLE 44 CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 63
TABLE 45 CANADA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 63
TABLE 46 MEXICO GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 64
TABLE 47 MEXICO GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 64
TABLE 48 MEXICO GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 65
TABLE 49 MEXICO GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 65
TABLE 50 EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY COUNTRY, KILO TONS 66
TABLE 51 EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 66
TABLE 52 EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 67
TABLE 53 EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 67
TABLE 54 EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 68
TABLE 55 NETHERLANDS GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 68
TABLE 56 NETHERLANDS GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 69
TABLE 57 NETHERLANDS GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 69
TABLE 58 NETHERLANDS GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 70
TABLE 59 ITALY GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 70
TABLE 60 ITALY GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 71
TABLE 61 ITALY GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 71
TABLE 62 ITALY GLUCOSE SYRUPMARKET, (2024-2030), BY APPLICATION, KILO TONS 72
TABLE 63 GERMANY GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 72
TABLE 64 GERMANY GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 73
TABLE 65 GERMANY GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 73
TABLE 66 GERMANY GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 74
TABLE 67 SLOVAKIA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 74
TABLE 68 SLOVAKIA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 75
TABLE 69 SLOVAKIA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 75
TABLE 70 SLOVAKIA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 76
TABLE 71 REST OF EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 76
TABLE 72 REST OF EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 77
TABLE 73 REST OF EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 77
TABLE 74 REST OF EUROPE GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 78
TABLE 75 ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), KILO TONS 79
TABLE 76 ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE KILO TONS 79
TABLE 77 ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 80
TABLE 78 ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 80
TABLE 79 ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION KILO TONS 81
TABLE 80 CHINA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 81
TABLE 81 CHINA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 82
TABLE 82 CHINA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 82
TABLE 83 CHINA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 83
TABLE 84 THIALAND GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 83
TABLE 85 THIALAND GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 84
TABLE 86 THIALAND GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 84
TABLE 87 THIALAND GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 85
TABLE 88 INDIA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 85
TABLE 89 INDIA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 86
TABLE 90 INDIA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 86
TABLE 91 INDIA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 87
TABLE 92 MALAYSIA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE KILO TONS 87
TABLE 93 MALAYSIA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 88
TABLE 94 MALAYSIA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 88
TABLE 95 MALAYSIA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 89
TABLE 96 REST OF ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE KILO TONS 89
TABLE 97 REST OF ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 90
TABLE 98 REST OF ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 90
TABLE 99 REST OF ASIA PACIFIC GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 91
TABLE 100 REST OF THE WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY COUNTRY, KILO TONS 92
TABLE 101 REST OF THE WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE KILO TONS 92
TABLE 102 REST OF THE WORLD GLUCOSE SYRUPMARKET, (2024-2030), BY GRADE, KILO TONS 93
TABLE 103 REST OF THE WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 93
TABLE 104 REST OF THE WORLD GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 94
TABLE 105 BRAZIL GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 94
TABLE 106 BRAZIL GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 95
TABLE 107 BRAZIL GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 95
TABLE 108 BRAZIL GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 96
TABLE 109 ARGENTINA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 96
TABLE 110 ARGENTINA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 97
TABLE 111 ARGENTINA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 97
TABLE 112 ARGENTINA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 98
TABLE 113 EGYPT GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 98
TABLE 114 EGYPT GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 99
TABLE 115 EGYPT GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 99
TABLE 116 EGYPT GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 100
TABLE 117 SOUTH AFRICA GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 100
TABLE 118 SOUTH AFRICA GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 101
TABLE 119 SOUTH AFRICA GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 101
TABLE 120 SOUTH AFRICA GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 102
TABLE 121 OTHER COUNTRIES GLUCOSE SYRUP MARKET, (2024-2030), BY SOURCE, KILO TONS 102
TABLE 122 OTHER COUNTRIES GLUCOSE SYRUP MARKET, (2024-2030), BY GRADE, KILO TONS 103
TABLE 123 OTHER COUNTRIES GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 103
TABLE 124 OTHER COUNTRIES GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 104
TABLE 125 COMPETIVE LANDSCAPING: GLUCOSE SYRUPMARKET: BY STRATEGY 105
TABLE 126 CARGILL INC.: GLUCOSE SYRUP PRODUCTS 107
TABLE 127 RECENT DEVELOPMENTS 107
TABLE 128 ARCHER DANIELS MIDLAND COMPANY: GLUCOSE SYRUP PRODUCTS 109
TABLE 129 RECENT DEVELOPMENTS 110
TABLE 130 TATE AND LYLE PLC: GLUCOSE SYRUP PRODUCTS 113
TABLE 131 RECENT DEVELOPMENTS 113
TABLE 132 AGRANA BETEILIGUNGS-AG: GLUCOSE SYRUP PRODUCTS 116
TABLE 133 RECENT DEVELOPMENTS 117
TABLE 134 TATE AND LYLE PLC: SWOT ANALYSIS 118
TABLE 135 INGREDION, INC.: GLUCOSE SYRUP PRODUCTS 119
TABLE 136 RECENT DEVELOPMENTS 120
TABLE 137 ROQUETTE FRERES, GLUCOSE SYRUP PRODUCTS 121
TABLE 138 GRAIN PROCESSING CORPORATION, GLUCOSE SYRUP PRODUCTS 123
15 List of Figures
FIGURE 1 RESEARCH METHODOLOGY 16
FIGURE 2 PRIMARY RESEARCH 17
FIGURE 3 SECONDARY DATA ANALYSIS APPROACH 18
FIGURE 4 RETAIL SALES OF BAKERY PRODUCTS WORLDWIDE IN 2015, BY COUNTRY (USD BILLION) 19
FIGURE 5 GLOBAL BEVERAGE SALES, TRILLION LITRES, 2024-2030 20
FIGURE 6 GLOBAL GLUCOSE SYRUP MARKET SUPPLY TRENDS AND FORECAST (2024-2030) 24
FIGURE 7 GLOBAL GLUCOSE SYRUP MARKET DEMAND TRENDS AND FORECAST (2024-2030) 25
FIGURE 8 TOP 5 EMERGING MARKETS (SUPPLY & DEMAND) 26
FIGURE 9 TREND IN GLUCOSE SYRUP EXPORTS (2024-2030), KILO TONS 27
FIGURE 10 GLUCOSE SYRUP EXPORT SHARE ANALYSIS, (2024-2030) 27
FIGURE 11 WORLD GLUCOSE SYRUP EXPORTS GROWTH TRENDS (2011-15), % 28
FIGURE 12 TREND IN GLUCOSE SYRUP IMPORTS (2024-2030), KILO TONS 28
FIGURE 13 GLUCOSE SYRUP IMPORT SHARE ANALYSIS, (2024-2030), % 29
FIGURE 14 WORLD GLUCOSE SYRUP IMPORTS GROWTH TRENDS (2011-15), % 29
FIGURE 15 VALUE CHAIN OF GLUCOSE SYRUP 36
FIGURE 16 PORTER FIVE FORCES-ORGANIC SPICES MARKET 38
FIGURE 17 SUPPLY CHAIN OF GLUCOSE SYRUP 40
FIGURE 18 GLOBAL GLUCOSE SYRUP MARKET, BY REGION (2024-2030), KILO TONS 41
FIGURE 19 GLOBAL ORGANIC SPICES MARKET, (2024-2030), BY SOURCE, KILO TONS 44
FIGURE 20 GLOBAL ORGANIC SPICES MARKET, (2024-2030), BY GRADE, KILO TONS 48
FIGURE 21 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY FORM, KILO TONS 51
FIGURE 22 GLOBAL GLUCOSE SYRUP MARKET, (2024-2030), BY APPLICATION, KILO TONS 54
FIGURE 23 COMPETIVE LANDSCAPING: GLUCOSE SYRUPMARKET: BY STRATEGY 105
FIGURE 24 CARGILL INC.: COMPANY SNAPSHOT 106
FIGURE 25 CARGILL INC.: SWOT ANALYSIS 108
FIGURE 26 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT 109
FIGURE 27 ARCHER DANIELS MIDLAND COMPANY: SWOT ANALYSIS 111
FIGURE 28 TATE & LYLE PLC.: COMPANY SNAPSHOT 112
FIGURE 29 TATE AND LYLE PLC: SWOT ANALYSIS 115
FIGURE 30 AGRANA BETEILIGUNGS-AG: COMPANY SNAPSHOT 116
FIGURE 31 INGREDION, INC.: COMPANY SNAPSHOT 119
FIGURE 32 ROQUETTE FRERES: COMPANY SNAPSHOT 121
FIGURE 33 GRAIN PROCESSING CORPORATION, COMPANY SNAPSHOT 123